Orvana Minerals Corp T.ORV

Q3 Financials out

[checkmate28]

ORVANA MINERALS J Symbol ORV Close 2022-08-10 C$ 0.285 Recent Sedar Documents ORIGINAL: ORVANA REPORTS CONSOLIDATED FINANCIAL RESULTS FOR THE THIRD QUARTER OF FISCAL 2022 2022-08-10 18:00 ET - News Release Q3 FY2022 Orovalle Highlights: 15,798 gold equivalent ounces produced (12,354 Au oz, 1.3 million Cu lb and 38,082 Ag oz), a 49% increase from previous quarter. COC at $1,655, and AISC at $2,056. On track to meet fiscal 2022 guidance. Q3 FY2022 Consolidated Highlights: Revenue ($M): 18.5 EBITDA ($M): 1.7 CAPEX ($M): 7.1 Unrestricted Cash EoP ($M): 6.1

[checkmate28]

oops didn't see it's already been posted

[greendayyyy]

COC at $1,655 and AISC at $2,056. They are still losing money. This company has been dismal from quarter to quarter for years. Back to the .10 price point.   

[WakeUpJuan]

You missed the MOST IMPORTANT part of NR:  "we are confident in meeting our cost guidance" Guidance was:  COC and AISC: $1,050 - $1,150 and $1,550 – $1,700 Given that there is only 7 weeks in fiscal year, Q4 IS GOING TO BE BLOWOUT QUARTER WITH AISC CLOSE TO $1000!!!!!!!! THE BEST NEWS WE HAVE RECEIVED ALL YEAR

[WakeUpJuan]

watch for Juan to be buyin tomorrow or Monday when blackout is lifted!!!!!!!!!!!!!!! To the Stars Juan, to the Stars!!!

[checkup]

I has never occurred to them that the product mined value should exceed the cost.  The joke is on the shareholders.

[greendayyyy]

Why sell gold at a loss when they should have simply kept the gold in their vault and waited for gold to rise? This is what happens when you trust rotten and incompetent management. I don't see how they will be able to lower production costs in the near future. They will lose money as usual for years to come.    

[JUANTOTHESTARS2]

we know where u stand on this stock. so why dont u just move on. nobody listens to you anyways JUANTOTHESTARS2

[greendayyyy]

At least I tell the truth while you try to pump up ORV. Where is the .50 advertised. For the moment nothing is improving week by week. I mentioned that ORV is losing money and you can't say otherwise because the proof is there in the latest financial results.

[WakeUpJuan]

Greeny, da problem with you is yourel always whining about da ORV............saying ya want out....................but then when volume and price pick up you dont sell your measly 100,000 shares!!!!!!!!!!!!!!!!!!!!!!!!  been going on forever accoding to NR, ORV WILL make money this year at AISC between 1500 and 1700................thats impressive givent that the strike was a real hiccup

[greendayyyy]

First of all I only have 32000 shares left because I managed to sell my others at .40. Reinvested my sale on AR at .395 which should double and even triple quickly. I would like to know how a company can lower its production cost so quickly as you say. Please give me an explanation because I don't see how they can reduce so quickly. 

[greendayyyy]

I would also like to know why ORV sold its gold when it could have simply waited until the other quarter to sell at a higher cost. EDR kept 1.6 million ounces of silver in the bank to wait for silver to rise. I think this is a big management mistake.

[WakeUpJuan]

Ask Juan, he said it in da press release.........that they will meet cost guidance for the year!!!!!!!!!!!!!!!!! I guess we'll find out in Oct and Dec.........year end production update followed by detailed financials.... no way he woulda put that at top of NR if it was not in da bag!!!!!

[WakeUpJuan]

they keep shakin da tree....but nuthin falls out!!!!!!!!!!!!!!!!! looks like share price shold clean up dis week to mid 30s ....maybe 40s if we see some real buyin.... TOO DA MOON JUAN, TOO DA FREAKIN MOON!!!!!!!!!!!!!

[maurizion]

Ya Sure To the Moon. Too bad ORV is Apollo 13

[TudManiac]

Forget da moon..............we going to Mars!!!!!!!!!!!!!!  bring oxygetn!!!!!!!!!!!

[TudManiac]

We hit 29.....Morgan Stanley down ticked to 26.5 on 500 shares. Was bid 27 but they wouldnt hit it.....when it was gone, they downticked to 26.5.......500 freakin shares.....again....